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Silverado Court 1 and 2 market report - 3rd quarter, 2007

By
Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

Home sales in Silverado Court 1 and 2, a neighborhood in the Silverado area of Henderson and Las Vegas, NV kept a lethargic pace in the third quarter of 2007. Two homes closed, matching the previous quarter, and significantly down from seven in the first three months. 

Existing resale inventory grew to 22 homes making this an extremely challenging market for sellers. Foreclosures and short sales are also putting pressure on market prices, as can be seen by the disparity in selling prices below. Homes in Silverado Court 1 and 2 are located close to schools, shopping and recreation and have quick access to the I-215 freeway.

Here are the details of the third quarter sales:

Address Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
10628 Salmon Leap 2729 4/3 $439,900 $439,900 58 08/06/07
10574 Salmon Leap 2729 4/3 $364,900 $346,000 11 09/07/07
 

(GLVAR deems information reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Silverado Court 1 and 2 consists of one and two-story homes from 2,218 to over 2,700 square feet, built from 2004 to 2006. For more information, or to buy or sell a home in Silverado Court 1 and 2, contact John Novak at (702) 339-9700 or JohnNovak@kw.com.

See also:
     Silverado Court 1 and 2 market report - 2nd quarter, 2007
     Silverado Court 1 and 2 market report - 1st quarter, 2007

     Henderson, Nevada real estate - September, 2007 statistics
     Henderson, Nevada real estate - August, 2007 statistics
     Henderson, Nevada real estate - July, 2007 statistics

     Henderson, Nevada - Demographics
     Henderson, Nevada - Fast Facts